3 White Soldiers Marching to their Graves

Hello All,

Bitcoin is seeing some very bearish signs on the weekly chart. We had just seen 3 white soldiers pattern end with an ATH blow off top and grave stone doji. Historically this has marked the end of a run up.

Will it be the same this time?

In my opinion, I believe so. We are seeing a lot of bearish divergence on MACD/RSI. As well as bearish price action from 30k to 67k. Yes, we made an ATH but is this run sustainable for longer term growth? I believe not.

If 53k does not hold, our macro trend is at risk.

As always, be patient, use risk management, and good luck trading.
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